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20121112
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shown and a pollster for bill clinton and joining us live remote from beautiful west palm beach florida, packdel. and a former pollster for president jimmy carter who is hanging out with the rich and beautiful people. so i'm going to go last, pat, just because of that. >> okay. >> doug, look. there's a lame duck session before the fiscal cliff hits. it's really brief. there's a bunch of holidays. can a grand bargain really be hammered out? >> i hope so. bottom line, we need one. the decline in the stock market last week said that the markets and the financial communities are not going to be tolerant if we don't get a grand market. bottom line, i think the republicans have to cave in on of and be willing to increase revenue, even increase rates, pivot the conversation to entitlement reform and spending cuts, but bottom line the president has them over a barrel. >> john, i think they will kick it down the road. an interim deal that simply post bones all of the elements of the fiscal cliff for three months. and gym baker of two admissions pointed that out. >> that's possible. that's the ha
is a former economic advisor to president bill clinton, former advisor to the senate finance committee and a partner with monument policy group. gentlemen, good to see you. jonathan, let me start with you. is it really unrealistic to think that a far reaching fiscal grand bargain can actually be hammered out during this brief lame duck session with all the holidays, or is it more likely that an interim deal which postpones all elements of the fiscal cliff will be signed? >> i think it's possible because i think a lot of conversations have been happening over the last several months. one thing that has to be very, very clear for republicans is whenever they're talking about raising taxes, they're getting into some potentially very, very dangerous territory. the reason for that is simple, because whenever these budget deals happen, the tax increases always take place immediately, but the spending cuts are enacted over two years o'clock five years, ten years. five years from now, we'll have a different congress, different members of congress, they're not going to feel bound to whatever de
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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